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Shipping Industry News
Agri Port is your go-to source for the latest local and global industry news relevant to the shipping and grain vessel loading industry. Stay up-to-date with current events, new regulations, best practices, and essential industry updates that impact your operations.
From
Mike Schuler
via
gCaptain
Navy Collision During Replenishment Draws Attention to Complex At-Sea Operations
The Arleigh Burke-class guided missile destroyer USS Truxtun (DDG-103) and the fast combat support ship USNS Supply (T-AOE-6) collided during a replenishment-at-sea operation in the Caribbean on Tuesday afternoon, according to U.S. Southern Command.
From
Mike Schuler
via
gCaptain
Maersk’s Record-Setting Dual-Fuel Containership Goes LEGO
The Danish toy giant LEGO is set to launch a new collector’s set celebrating Maersk’s methanol-powered flagship, Ane Maersk. The Maersk Dual-Fuel Container Vessel (40955) hits shelves on March 1, bringing the world’s first...
From
Reuters
via
gCaptain
Mexican Ships Deliver Food and Supplies to Cuba as Island Faces U.S. Fuel Supply Crackdown
Two Mexican-flagged ships delivered 814 tons of humanitarian aid to Havana Harbor on Thursday, defying U.S. pressure after Washington threatened tariffs on countries supplying oil to Cuba. Mexico halted oil shipments in January but pledged food assistance.
From
Mike Schuler
via
gCaptain
CK Hutchison Escalates Legal Battle Over Panama Ports Ruling
Hong Kong-based CK Hutchison has escalated a legal fight over its Panama Canal port concessions, triggering treaty arbitration and raising uncertainty over operations at the Balboa and Cristobal terminals as Panama advances plans for a forced transition.
From
Mike Schuler
via
gCaptain
Fatal German Bight Ship Collision Was ‘Wholly Avoidable,’ MAIB Says
Five sailors are dead because no one acted in time. A final investigation into the German Bight collision that sank the cargo ship Verity finds basic collision rules were ignored, decisive maneuvers were delayed, and shore-side intervention came too late to stop a preventable tragedy.
From
Mike Schuler
via
gCaptain
Navy Collision During Replenishment Draws Attention to Complex At-Sea Operations
The Arleigh Burke-class guided missile destroyer USS Truxtun (DDG-103) and the fast combat support ship USNS Supply (T-AOE-6) collided during a replenishment-at-sea operation in the Caribbean on Tuesday afternoon, according to U.S. Southern Command.
From
Mike Schuler
via
gCaptain
HMM Remains Profitable in 2025 Despite Global Freight Rate Collapse
South Korea’s HMM managed to stay in the black through a bruising 2025 for container shipping, posting a 13.4% operating margin even as freight rates collapsed across major trade lanes and several global rivals slipped into losses.
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From
Austin Schroeder
via
Barchart
Wheat Posts Double Digit Monday Strength
The wheat complex was in rally mode on Monday with contracts up double digits across the three markets. Chicago SRW futures were up 11 to 12 cents on the day. KC HRW futures closed with 13 to 15 cent gains in the front months. MPLS spring wheat was 11 to...
From
Austin Schroeder
via
Barchart
Corn Closes Monday with Strength
The corn market held onto fractional to 4 cent gains on Monday, helped by pre-report positioning and a large US export figure. CmdtyView’s national average Cash Corn price was up 3 1/2 cents at $4.32 1/2. The USDA reported a private export sale of 126,000 MT of corn to Japan...
From
Austin Schroeder
via
Barchart
Soybeans Fall on Monday
Soybeans were pressured by oil weakness on Monday, with contracts closing 7 to 11 cents in the red. The cmdtyView national front month Cash Bean price was down 10 1/4 cents at $9.49 1/4. Soymeal futures were down $2.20/ton in the nearbys, with Soy Oil futures 116 points lower. Over...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Sheepish Feeders - Grains ready to Charge Higher?
From
Mike Schuler
via
gCaptain
Photos: MT Sounion Transits Suez Canal Six Months After Houthi Attack
The Greek-registered MT Sounion oil tanker has successfully completed its transit through Egypt’s Suez Canal following a complex salvage operation in the Red Sea, where it was attacked by Houthi...
From
Reuters
via
gCaptain
Burning Fuel Tanker ‘Stena Immaculate’ is Chartered to US Navy’s Military Sealift Command
A tanker carrying jet fuel for the U.S. military was hit by a container ship off northeast England on Monday, with the collision igniting a blaze on both vessels, causing multiple explosions and forcing both crews to abandon ship.
From
Jim Wyckoff
via
Barchart
4 Catalysts Ag Futures Markets Traders Should Watch This Week
The U.S. tariff situation will likely be the most sensitive for agricultural futures markets until the end of March.
From
Mike Schuler
via
gCaptain
TSP in the Spotlight: Stena Immaculate Incident and the Strategic Importance of the Tanker Security Program
The U.S.-flagged tanker Stena Immaculate, a participant in the Maritime Administration’s Tanker Security Program (TSP), was struck by the containership Solong while anchored near Hull, United Kingdom at approximately 10...
From
Mike Schuler
via
gCaptain
Canada Awards Dual Polar Icebreaker Contracts as Arctic Competition Heats Up
Canada has awarded contracts to two shipyards for the construction of new polar icebreakers, part of a strategic move to enhance its Arctic capabilities. Quebec-based Davie Shipbuilding on Saturday announced...
From
Mike Schuler
via
gCaptain
U.S. Container Imports Set for Summer Decline as New Chinese Vessel Fees Threaten Supply Chain
Major U.S. container ports are bracing for significant volume shifts in 2025, with imports expected to remain strong through spring before experiencing their first year-over-year decline since September 2023. According...
From
Bloomberg
via
gCaptain
Trump’s Offshore Wind Review to Consider Status of Projects
The Trump administration’s ongoing review of offshore wind projects will feature different treatment for projects actively under development versus those that have merely been proposed, Interior Secretary Doug Burgum said Thursday.